Office Building with
For Sale
$750,000
314 Greenville Street, Lagrange, GA 30241
Commercial Sale, Lagrange, GA
Property Size3,484 SF
Lot Size0.97 Acres
Price / SF$215.27
Days on Market9
Property Features for 314 Greenville Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Lot features
City Lot, Level
Directions
I85 Exit 18, if north take left on lafayette parkway, take right on Morgan street when approaching downtown. Take right Greenville Street. Property on Right.
Standard status
Active
APN
0503B018011
Size
3,484 SF
Lot size
0.97 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7164
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Building materials
Stucco
Roof type
Composition
Listing Agency:
F.L.I. Properties
(706) 298-2712
Listed By:
Kendall Butler
(706) 333-0680
Added: Oct 14
Changed: Oct 21
Last Checked: Oct 22 at 3:06PM
MLS# 10876658
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 3,484 square feet, this office property combines a reception area, three waiting rooms, three conference rooms and eight private offices with separate warehouse space. The layout also includes a kitchen and three restrooms, offering a mix of administrative, meeting and operational areas.
Built in 1976, the building has stucco construction, central heating and central air. The 0.97-acre site includes a parking lot, with public water and sewer service and cable available.
Built in 1976, the building has stucco construction, central heating and central air. The 0.97-acre site includes a parking lot, with public water and sewer service and cable available.
Key Highlights
- 3,484‑square‑foot office property with separate warehouse space
- Eight private offices, three conference rooms and three waiting rooms
- Reception area, kitchen and three restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,741
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,820
$814.8K
Cap Rate 7%
$582,014
$582.0K
Cap Rate 9%
$452,678
$452.7K
Market Conditions
NOI Build-Up for 3,484 SF
Gross rent
$59.4K $17.04/SF
− Vacancy
−$5.0K −$1.45/SF
EGI
$54.3K $15.59/SF
− OpEx
−$13.6K −$3.90/SF
NOI
$40.7K $11.69/SF
Area
Troup County, GA
Vacancy
8.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,820
Cap Rate 7%
$582,014
Cap Rate 9%
$452,678
Alternative Uses
Best Use
Office B
$582.0K
$509.3K – $679.0K
NOI $40,741 @ 7.0% cap · market cap 5.43%
Second Best
Warehouse
$269.6K
$235.9K – $314.6K
NOI $18,873 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$779.5K
$682.1K – $909.5K
NOI $54,568 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
9
Office units
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 30241, GA
25,509
Population
10,433
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
88%
High-School Grad
112.4 sq mi
ZIP Area
227
Density / Sq Mi
$47,988
Median Household Income
$34,411
Median Earnings
$1,077
Median Rent
$167,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A reception area, multiple private offices, conference rooms and a separate warehouse support varied business functions.
Where is this office building located?
The property is located at 314 Greenville Street Lagrange, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,484‑square‑foot office property with separate warehouse space; Eight private offices, three conference rooms and three waiting rooms; Reception area, kitchen and three restrooms
